Translating a company's strategy to operational terms:
A)is an analytical exercise.
B)results in the benefit of having the end product of the balanced scorecard.
C)often results in team building and employees' commitment to the new strategy.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Translating a company's strategy to operational terms involves analyzing the strategic goals and converting them to specific actions and measures, which is an analytical exercise. The end product of this exercise is often a balanced scorecard, which helps to align the company's activities with its strategy, resulting in benefits such as increased transparency, focus, and accountability. This process also involves engaging employees and building teams committed to the new strategy, which is crucial to its successful implementation. Therefore, all of the above options are correct.

Translating a Company's Strategy to Operational Terms